Insane to think that falling residual values are going to kill the auto loan market, and the only solution is EV's. You're not going to see huge default rates on ICE cars with people moving to EV's. Crazy in so many different ways. $TSLA #TESLA #TSLA
Elon and Cathie are desperate to pump $TSLA's stock. That's what this interaction means.
@ShortingIsFun Telsas lease returns are immune to these falling values?
What an idiot
@GreatPaul_Smith That's just one of the ways that their statements are nuts. They're idiots.

@ShortingIsFun That is literally the dumbest thread I've read all week, which is saying a lot. I don't even know where to begin in talking about how stupid that is.

Maybe I'll start with, aren't the vehicles selling most over sticker EVs? Or I could point out, most people aren't trading in a one year old car? What about, which OEMs are seeing the most purchases financed with now depleted bitcoin money (hint: it's not legacy OEMs)?

@bgluckman It's a moronic attempt at a stock pump. Try to scare people into buying an EV rather than an ICE car. They're both desperate to pump $TSLA stock right now.

@ShortingIsFun I have a Mustang Mach-E; there's lots of good reasons for many consumers to consider an EV when the time comes to buy the next vehicle.

This...is absolutely, most definitely, not one.